Weekly Stock Market Overview - Nov. 7, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 183.41 points or 1.05%. The Standard & Poor's 500 Index gained 13.87 points or 0.69%, while the Nasdaq Composite gained 1.79 points or 0.04%. Read More ...

The Consumer Staples Select Sector SPDR sector was the strongest sector (2.21%) last week followed by the Utilities Select Sector SPDR sector (1.72%). The Health Care Select Sector SPDR sector was the worst performing sector (-0.36%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (-0.14%).

The Services sector is the most overvalued sector followed by Technology, while Auto Parts Wholesale, Regional Airlines, and Staffing/Outsourcing Svcs are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Copper, Gold, and Oil & Gas Drilling/Explor are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 19.02% WFM Whole Foods Market Consumer Staples 12.27% SWN Southwestern Energy Co. Utilities 11.60% BTU Peabody Energy Corp Materials

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -14.63% THC Tenet Healthcare Corp. Health Care -11.78% QCOM QUALCOMM Inc. Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 6 Downtrend Broken Resistance 34 Uptrend Support 3 Uptrend Exhaustion 17 Uptrend Broken Support 0 Downtrend Resistance 78 Oversold 4